Bitcoin Forum

Ok so been a noob I have been going to the free coin sites and getting little bits!

yesterday my balance was 0.00000003

today my balance is            0.00000001


whats going on!

I thought *ONLY* I could remove coins from my eWallet

(or am I missing something and making a complete arse out of myself! )

here is what blockchain.info says

http://blockchain.info/address/1LnfUeVBMFfXH1B8pUHjgj2CCdphtA5Ef9

Ewallets use their own accounting systems that mix the balances of addresses together, therefore you can't rely on a block explorer to see the final balance. If you log in, you would find that it is all there.

my eWallet is at instawallet.org and you dont have to log in. I just use the bookmark that was provided.

Yesterday it said Balance was 0.0000003
Today is says   0.00000001

I just used blockinfo to see what transcations accured (I thought that was what it was for (no?)

OK, when you visit the bookmark you should see that the balance is still 0.00000003. You can only rely on blockinfo when you are using your own wallet.

When you deposit coins into Instawallet, they take them out of the deposit address and put them into a big wallet and mix them together with other coins. When you withdraw, the withdrawal won't come from the address you deposited to. They use their own accounting backend system to keep track of how many coins you are supposed to have.

when I visit the bookmark today is says balance is 0.0000001

I assume you mean 0.00000001 not 0.0000001. In that case, is there a log of deposits and withdrawals available? Are you sure you didn't withdraw? Have you posted your URL anywhere public?

I could PM you the full address if it helps (but I douth that somehow )

I only use it to learn stuff anyway so its no real problem!

it reminds me of the bank robbers who would take 1 penny out of everyones account for a month or so and stick it into there own account and then cashout the account

however blockchain.info does look like I am sending something to other addresses ( but maybe I have that wrong? )

[qoute]is there a log of deposits and withdrawals available?[/qoute] I thought thats what blockinfo was for

[qoute] Are you sure you didn't withdraw?[/qoute] Definitely not!

[qoute]Have you posted your URL anywhere public?[/qoute] No, I only have it less that a week also I know not to do that!

Ive just spotted this on my instawallet page

WARNING:
It's all available in the blockchain for an imposter to access as well.

so maybe the site is only useful for onetime oneoff transcations

funny I did  actually learn something!

So no one can shed any light on this for me?

Go use a better client-based eWallet like blockchain.info or strongcoin.com. Instawallet and the such is only good for one off transactions as you never know when they'll get hacked.

Did you release the URL to the wallet anywhere?